Cattle Holding Firm

Cattle Holding Firm

Matt Rice
Matt Rice
This is Matt Rice with today’s Market Line Report for Thursday. Cattle continue to see better negotiated prices, even with a stronger grain market. Let’s go to Virginia McGathey, with the CME Group to hear more.

McGathey “ .”

Chicago Wheat prices for Dec. closed yesterday dn 9, to finish at 549. Dec. Corn dn ¾, to close the day at 368 ½. Kansas City Hard Red Winter Wheat prices for Dec. were dn 7 ½, to close at 484 ¼.

Hard Red Winter Wheat with 11 ½ percent Protein, prices for Oct. were dn 7 ½, ranging from 6-39 ¼ to 6-59 ¼. Soft white wheat of Ordinary Protein for Oct. ended the day Unch, ranging from 5-45 to 5-60. DNS wheat with 14 % protein, prices for Oct. were dn 6 ¾, ranging from 6-53 to 6-68.

Live Cattle for Dec. were up $1.02 ½, closing at 111.20. Nov. Feeder cattle were up $.47 ½, to finish the day at 141.65. Oct. Class III milk was up $.03, at 18.45.

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